While IFCās withdrawal is welcome, civil society urges the Bank to stop funding WTE projects and move towards zero-waste solutions instead. On 17 February, the International Finance Corporation (IFC), the World Bankās private sector...
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October 19, 2023 The undersigned organizations are gravely concerned about the recent media report of child sexual abuse at Bridge International Academies in Kenya, and allegations that the World Bankās International Finance Corporation (IFC)...
The We20: Peoplesā Summit on G20 organised by over 70 organisations from different parts of the country concluded with much vigour and energy, albeit a day earlier due to the pressure from the police...
Landmark corporate accountability case resulted in critical reforms for the World Bankās lending arm. April 26, 2022 New Delhi:Ā Last evening India time, the U.S. Supreme Court denied a petition from a fishing community...
In September, the World Bank announced that it would discontinue the publication of the Doing Business Report and Ranking (DBR). This overdue decision came after a series of internal audits and an investigation that...
Highlight the Impacts on Key Sectors in India During IMF-WB 2020 Annual Meetings Date: 12 October, 2020 New Delhi: Peopleās Movements, Civil Society Groups, and concerned citizens are coming together to protest the World...
& Recommendations from the External Review of IFC/MIGA E&S Accountability, including CAOās Role & Effectiveness We welcome the opportunity to comment on the report of the external review team. At the outset, the recommendations...
of External Review of IFC/MIGA E&S Accountability, including CAOās Role and Effectiveness After 20 years of its existence, the Compliance Advisor Ombudsman (CAO) and International Finance Corporation’s (IFC) social and environmental accountability review has...
I. Yet another Loan for India for response to the Covid-19 crisis India received yet another external loan for dealing with the Covid 19 crisis. Japan announced an emergency support loan of up to...
The process of the World Bank reforming the Inspection Panel (IPN) to adapt it to the changing environment, the newly adopted Environmental and Social Framework (ESF) started in 2017. The World Bank’s Committee on...
Civil society groups from across the globe wrote to the President of AIIB JinĀ Liqun raised concerns during the global pandemic and demanded accountability and transparency from AIIB during this pandemic. With the government’s in...
On August 24 evening, a federal court ruled that the World Bank Group cannot be sued for any damage caused by its lendingādespite last yearās Supreme Court ruling in the same case that these...
The world was witnessing a massive buildup of debt, even before the pandemic began. World Bank described it as the largest, fastest and most broad based amounting to 230 percentage of the Global GDP. ...
The International Monetary Fund (IMF) released two updates in the month of June – first was the World Economic Outlook, titled A Crisis Like No Other, An Uncertain Recovery and another was the Financial...
